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Try Picki for FREEConfidence
High
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Medium
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Try Picki for FREE$35,000
-$5,506
5.8%
Asking Price
$525,000
Estimated Purchase Price
$485,000
Stamp Duty
$24,170
Transfer Fee
$1,241
Conveyancing
$1,196
Deposit (10%)
$48,500
Reg. Mortgage
$129
LMI Premium
$10,722
Renovation Costs
-
Total Cash/Equity Required
$86,507
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
Rates
+3.0% PA
$1,710
$2,231
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$20,943
$30,398
Interest Repayments
$28,809
$28,809
Net Cashflow Before Tax
-$7,866
$1,589
Depreciation
-
-
Tax Offset
-$2,360
$477
Net Cashflow After Tax
-$5,506
$1,112
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$436,500
$436,500
$118,860
$567,459
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